GREY:LBEFF - Post by User
Post by
ExSudburyGuy2on Mar 19, 2008 5:50pm
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Post# 14750632
Wow
WowThis is really starting to remind me of a bullboard I hung out at for a few years -- TM Bioscience.
Right down to people mimicking each others' names by replacing a "g" with a "q". Peewee -- is that you?
Btw... Tm Bioscience was also a company that had a lot of promise at the beginning, then started missing deadlines and kept selling more and more stock just to stay afloat. There were a lot of pumpers on that board too. Their mantra was you need money to grow a company and just wait till next quarter, things will turn around and the stock price will go to the moon. That went on for a few years, the pumpers bashed the bashers while the bashers trashed the pumpers and it was all very entertaining.
Unfortunately, reality caught up with the brass at Tm Bioscience. The sources of funding dried up. And the company went bankrupt. Some of its IP was picked up by another company ... but the shareholders got zilch.
Seems like deja vu all over again here.